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494-500 Howe Ave
Shelton, CT 06484
Pierpont Commons · Multifamily Property For Sale · 14 Units

Investment Highlights

  • Downtown prime location on main corner with heavy traffic.
  • Amici's is Shelton's Finest Italian Restaurant
  • Property is in close proximity to the Derby-Shelton Bridge, with an influx of new development in progress.

Property Facts

No. Units 14
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Restaurant
  • Office Office Residential
Apartment Style Mid-Rise
Building Class C
Building Size 26,004 SF
No. Stories 4
Year Built/Renovated 1893/1985
Zoning CB-2

Amenities

Site Amenities

  • 24 Hour Access
  • Controlled Access

About 494-500 HOWE AVE , SHELTON, CT 06484

This 4-story landmark brick building known as the Pierpont Commons was built in 1893 and was named after J.P. Morgan, one of the first developers in downtown Shelton. It is located on the very well-known historic Pierpont Block. The Building sits on a 0.35 acre lot and each floor has over 5,000 SF with some original exposed brick walls and aesthetically pleasing architecture windows. The building was completely renovated in 1984 and now houses 3 long-term retail tenants, 8 office units and 14 residential apartments. The 1st floor is retail; the 2nd floor is office space & the 3rd & 4th floors is residential.

Property Taxes

Property Taxes

Parcel Number
SHEL-000129D-000000-000064
Land Assessment
$57,260
Improvements Assessment
$1,833,440
Total Assessment
$1,890,700
  • Listing ID: 19962582

  • Date on Market: 6/18/2020

  • Last Updated:

  • Address: 494-500 Howe Ave, Shelton, CT 06484

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